While rapper Curtis Jackson III (“50 Cent”) would like the world to believe he’s really not that rich, he can’t hide the fact that it’s expensive to be him.
50 Cent claims his monthly expenses total $US108,000 or about $US1.3 million a year. That includes both personal and household expenses, child support and car payments, according to documents filed in Connecticut bankruptcy court which Business Insider has acquired. Those fees also include thousands of dollars in monthly “personal grooming,” “wardrobe” and “gardening” expenses.
A total of $US72,000 a month goes to payments and upkeep for 50 Cent’s three homes in Connecticut, New Jersey, and Georgia.
Jackson says the majority of that goes to the Connecticut home — the one with 21 bedrooms, 24 bathrooms, and a nightclub. Jackson pays $US17,400 for his mortgage every month. A utility bill totaling $US14,200 a month powers all those rooms, plus a movie theatre and a basketball court. He keeps the landscaping lush with $US5,000 a month in gardening fees. And the swimming pool is probably ready to use 24 hours a day at just the perfect temperature for a $US1,500 monthly maintenance fee.
See his household expenses breakdown here:
The 40-year-old’s other monthly expenses include child support for two children totaling $US12,100 and $US2,500 in support for the rapper’s grandparents.
His cars — which are worth about $US500,000 — cost the rapper $US9,200 a month, which includes leases ($US5,800), insurance ($US1,400), and other expenses. That covers seven cars: a 1966 Chevrolet Coupe, 2015 Chevrolet Suburban, 2010 Rolls Royce Phantom Drophead, 2005 Chevrolet Suburban, 2008 Dodge Sprinter, 2003 Chevrolet Suburban, and a 2012 Suzuki Kizashi Sport.
As far as the rapper’s own personal upkeep, he says he spends $US1,000 a month on personal grooming and $US3,ooo on wardrobe.
On top of that, he spends $US3,000 a month on meals and entertainment, as well as $US2,000 a month on travel.
See the breakdown of his personal expenses here:
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